Home > 2021 Tax Wrap Up

2021 Tax Wrap Up

March 25th, 2022 at 04:17 pm

I have just finished our tax return for 2021.  Mostly it was waiting to see if there were any corrections for the 1099.  There wasn't but there has been in the past and usually it's Ameritrade and I wait until March 15th.  Anyway we filed and we owe $237.  Nice.  That the closest to $0 we have ever been. It's pretty nuts to be so close.  I also had to file the kiddos with their 1099B since I tax loss harvested in 2020 and then harvested some gains in 2021. 

I find it intersting how all over the place we've always been. You'd think we'd be more predictable since I do taxes for a living.  But there is always something so this is awesome that we are so close.  I would prefer to be plus or minus $500 every year.  But we've seemed to either a lot like four figures or get back four figures and I'm not usually happy either way.

How did your taxes turn out?

6 Responses to “2021 Tax Wrap Up”

  1. mumof2 Says:

    I'm still waiting for them to do our 2020 taxes let alone 2021...the joys of living overseas

  2. LivingAlmostLarge Says:

    Ugh I have to amend. I just got a k1 in the mail. I knew I should never file before april 11

  3. rob62521 Says:

    Well, shoot. Sorry you have to amend!

  4. disneysteve Says:

    I made a post about ours. Got back over 7K but it was an odd year with our personal return, my late cousin's final return, and the estate return. We're usually closer than that.

    I hear you on the predictable thing. Every year it seems something happens to throw things off, usually investment-related.

  5. Dido Says:

    I didn't realize you did taxes for a living! Cool (although I've been glad to be out of tax prep myself with things so crazy the past few years!). Sorry you have to amend--those dang K-1s! I have clients calling me and I have to say, this one came out in May last year, this other one in August, sorry, just like last year, you'll have to file an extension. I hope the change wasn't too big, but it's a hassle in any case.

    I did get a refund and put some as a carry-forward credit to 2022 estimates but I did take $1,500 back from the IRS and $400 back from the state.

  6. LivingAlmostLarge Says:

    LOL Hahaha....I can't stand the late K-1. I know better to file before april.

    DS something always throws it off.

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